I’m often asked in our deliberations with a number of our clients and in fact our own business as to whether or not cash or credit should be used to purchase equipment, land or assets that are utilised in the business. One of the key things to keep in mind is that many businesses attempt [...]
This article explores what debt covenants are in your facilities terms and conditions, how they work and what are some hidden pitfalls and disguised benefits.
Lots of lenders are in the market place trying to win your business. But you also need to make sure that you are not providing banks with a new source of income to come out of their recessionary blues! Avoid the fees and charges – here’s some to look out for.
The worm has turned slightly and the banks are now on the war path to gain market share. As a SME, this is your time to shine and get the best possible deal for yourself. Get out there, see what’s available and drive a hard bargain. It’s about time you got the credit and loan facilities you wanted.
Receiving funding for your capital expenditure is imperative. In the current credit environment you must take a proactive approach to your business. Here are some tips and thoughts on this vital part of your business planning.
You need to invoice promptly for your own cash flow and so as not to surprise your clients. In this article are the Top 5 excuses I here for not invoicing promptly, and why they are wrong.
Welcome to The Business Lad. This blog will hopefully continue to provide you with a series of markers, guides and future options for your business. Sometimes when you’re running a business you consider yourself too busy to consider strategy or market trends, you just need to focus! Right?
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